uptrend As long as the price fluctuates above the support range, the continuation of the upward trend is likely. There is also a possibility of rising to the level of 138%Longby STPFOREX0
BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT Hello,Friends! BITCOIN pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 58579 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 116
BTC ready for the pump??As I marked out you can see a descending channel followed by a bullish pendent that's breaking out. I've also marked out key levels that price bounces from. As of today price has reacted of the range of 67500 (Each level being marked 2500 apart). I believe we can be seeing prices reaching 82500 pretty soon! Hope everyone is having a successful trading day so far. BTC to the Moon. good luck everyone Longby ProfitPanther2
BTCUSD SMALL RISK ENTRYI cancelled the previous short position and put a limit on the chart above. Just my own analysis TYOR!!!Shortby jayforex0724Updated 111
BTC: tight consolidation, preparing for a big pump aheadBTC: tight consolidation, preparing for a big pump ahead -BTC is shaping various chart patterns, maybe -Triangle/ Inside Bars. -Inversed HnS. -Bull flag. -Cup n Handle. . US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!Longby phanvinhhai1
(BTC) bitcoin "rsi divergence"Bitcoin rsi divergence levels have reached a very low range based on a custom measurement and custom input source. Either way the price of bitcoin moved flat based on a previous low, leading into a bullish trend forming and the price travelling higher. by CryptocurrencyBlot0
BTC BreakdownWe could see a breakdown of CRYPTO:BTCUSD into the $64,000 range where it will find a strog support zone. From there, as long as we can respect the current trendline, we could see accumulation and start to gain some momentum, continuing the push to the upside. BTC will likely chase the Liquidity that sit's in the $72,000 range from the open short interests. imgur.com If BTC does chase the liquidity it could potentially set a new ATH while breaking out of the Cup & Handle formation, making it a very bullish situation. $75,000 and $55,000 are the zones to watch out for. by JKM_Trading0
Bitcoin: Push Back To 70Ks?Bitcoin support at the 66K area continues to hold and may be the higher low (wave (iv)) that may lead to a higher high over the coming weeks (see illustration). In order for a dramatic new high like 80K to be tested, price needs to prove itself by clearing 73K first. The key to navigating this is to WAIT for the market to provide evidence (confirmation), NOT get stuck on an opinion about the future. Even though the broader trend is bullish, UNTIL it breaks out, it is within reason to expect the consolidation to continue. Recognizing the support/resistance levels within broader consolidations can help to uncover numerous opportunities, especially on smaller time frames. For example, while I consider the 66K area a minor support on this time frame (see arrow), this location is a great spot to anticipate longs on day trade time frames like the 1 or 5 minute chart. When using such levels as a form of context to guide decisions, traders often do not understand how to shape expectations relative to the magnitude of the time frame. For instance, price movements on a 1 minute chart are typically smaller than a 5 minute or 1 hour chart. Knowing this should shape expectations in terms of reward/risk. This is one of the problems I aimed to solve when coming up with the idea for Trade Scanner Pro by automating the exit points using the average true range (ATR). The same can be said about the 70K whole number resistance area. This is an ideal location to WAIT for sell signals, whether to take profit or an aggressive counter trend trade short. Again the location provides a point of reference where we can anticipate a particular price behavior or opportunity. It is up to the MARKET to confirm and even then, there is a chance it can get stopped out (markets are mostly RANDOM). My analysis is meant to shed light on a select range of possibilities over the coming week for day and swing traders. I have to remind people of this because many come to these articles expecting to gain knowledge of the future. It will take some time to realize effective risk management has NOTHING to do with where price will be in the future. There is no way to forecast the future accurately, ESPECIALLY using the limited information that is available on charts. The idea is to help you prepare for potential opportunities that I believe have a greater probability of a positive outcome because of the price location relative to the trend. The MARKET decides what scenario will play out, not me or anyone else. To align with the market, we must have a passive mindset, good listening skills and the ability to admit being wrong QUICKLY, especially on smaller time frames. So here is how to prepare of the coming week: IF the low 66Ks are tested, look for longs, IF 66K breaks, avoid longs and reevaluate new levels. IF 70K is tested, look to take profits, or consider aggressive shorts (counter trend). IF 70K is cleared, watch for test of 73K. How you navigate your positions is a function of your risk tolerance and personal style. Most importantly, let the market do the THINKING, you simply adjust to the new information as it appears. Thank you for your considering my analysis and perspective. by MarcPMarkets99111
BRIEFING Week #22 : Rotation Signaling is HereHere's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil24:43by PRO_Indicators9
BTCUSD - New heavens ?I said 2 things earlier but I changed my mind a bit - the first thing was that I wanted to wait on Monday to do a new post because of the geopolitical situation and the halving, what happened last night convinced me that the floor was here (of course I can be 100% wrong) - second thing is that from my last post, I said we could chill some months because nothing would happen, it still can be true but the situation looks familiar and this rebound just before the halving is kinda interesting, also summer is only in 2 months. So, for the little time frame, we are sitting under the 1H 200MA which is about to likely be break (or maybe is already it took me times to write this) I'm saying this situation looks familiar because the floor at the 0.786 fib which has been made during the past month is very similar to the one from Jan 2021 to June 2021(maybe not on the daily but if you zoom in you'll see it maybe) You can note the big uptrend going on after this, not saying that we will see the same but from that pattern recognition, and knowing that it works well here, I think we're heading to the new ATH : 100K, a big psychological resistance + a line resistance made from the past highs in 2021 Also this is interesting to notice that this new floor is at the past first ATH made in March 2021 Till this new ATH I don't really see any other paths that could happen (or maybe I refuse to see them, also I don't know about the time it will make) But then, here are the 2 scenarios I drew : - Pink : We go super fast too 125k, 20% retrace rule to 100K while chilling during the summer and we go back to new highs from fall 2024/January 2025 - Green : We go a bit slower doing a retrace of 20% at 100 and 125K (or, in this scenario, not doing at retrace at 125K is possible) I think those 125K and 100K are very important levels (that still can be drilled tho) for several reasons, the most important one is about the patterns BTC did the past cycles. Concerning this pattern, it is very likely that we are going to go up till the beginning of Summer, then we might see some months of sunny holidays to retrace and we will be back for 1 year of this famous bull run that might start mid fall 2024/early January 2025 Cheers good luck, Longby InvestwineUpdated 3
BTCUSD - Inverse H&S ?Previously attempt has failed so im gonna try this one in a bigger picture we are currently sitting on the daily 100 MA and an Inv H&S is in the making, if we go above 63K I think it will be in play target same as before ATH+++ if we break 100 MA Daily, 60k if we break 60K, 55555 for the fun then prob 50k cheers and good luckLongby InvestwineUpdated 1
Bitcoin - 300,000 USD by 2025, here is why!There is almost no doubt that Bitcoin will continue in the bull market in 2024/2025. After the ETF approval, Bitcoin is going up as institutional investors gain confidence in this type of investment. But what all people want to know is when to sell Bitcoin and prepare for the next bear market. Bitcoin's bear markets are very devastating, and the usual correction is around 80% - 70% from the peak. That's why it's good to time a good exit point if you are a trader. If you are a hodler, then you probably have your bitcoin in a Trezor hardware wallet and you don't care about volatility, even though it's not nice to see that your portfolio is down by 70%. To determine the exit point, we need to use technical analysis on a weekly/monthly scale. In the chart, you can see price action in recent years and all these swings during previous bear markets. We can draw a massive ascending parallel channel and take a look at the market cycles. Selling at the top of the upward-sloping trendline is definitely a good idea, but will Bitcoin offer this opportunity? Sometimes markets turn bearish just before key levels. From a time perspective, October or September 2025 seems like the right time to sell Bitcoin and go into fiat or stable coins. Then buy again, cheaper after the crash. The 2021 peak is a strong level, and Bitcoin should never go below this level. I think Bitcoin volatility should decrease, and we should not see tremendous crashes anymore, but a 50% or 60% crash is something that is definitely very likely. Forget about 80% or 90% of the crashes that happened in 2015 or 2018. This chart is a representation of the logarithmic scale. If you switch to a classic linear scale, we get a target for the whole bull market of only around 130,000 USD. I will do a linear scale representation in one of the next analyses, so make sure you follow my account so you don't miss this very important analysis! Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.Longby XanroxUpdated 5858349
#202423 - a weekly price action market recap and outlook - btcGood Evening and I hope you are well. bitcoin Quote from last week: comment: Last weeks my line in the sand for bulls was around 67250, since market was rejected there 3 times. Bulls finally broke above it with force and bears quickly retested that price and it turned support, which gives the bulls some momentum. Market has not touched the daily 20ema for 11 days, which is very bullish. I have two paths forward Bitcoin could take imo. Either we are done with the latest small bull trend inside the bigger trading range and W5 ended at 71954 or W1 started around 61000 and the 71954 high was W3 and W5 could lead to a new ath. Answer should be given by Tuesday/Wednesday. Even if it makes a higher high, upside will probably be very limited and odds favor a continuation of the trading range. comment: Turns out my two-legged correction and 71954 being the high was pretty good and my C target was around 66600 and the low of the week was 66657. 67300 was resistance before and has turned support. We are right at the lower bull trend line and market will either break it on Monday or we will trade back up again. Right now it’s a very tight trading range and I would wait until we see bigger move with follow through. current market cycle: Tight trading range inside bigger trading range key levels: 66500 - 70000 small range / 56000 - 74000 (big range) bull case: 67600 is do or die for bulls. When this bull trend line breaks, their chances of another leg up are becoming very low. If market turns up again with momentum, we can see 70000 again and there market decides if it can try again of reaching higher prices. So far bulls were rejected 5 times above 70000. Invalidation is below 67000. bear case: Bears achieved their minimal target last week and rejected bulls again above 70000. Now they need to print lower lows to break the bull channel and make more bulls cover. I do think most bull stops will be below 66000 and they will probably not buy again until we hit 60000 or even 56000. Now comes the important part for the bears and I think Monday/Tuesday will set the direction of the next move. Just very slightly favoring the bears here but they need to get a good close below the daily ema which is directly under us at 67200. Invalidation is above 69000. short term: Neutral between 67000 - 69000 medium-long term: Down to 40000 (could take 3-6 months). Longer term than that time frame, I don’t know. Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged chart update: Removed bull channel and bull waves, added descending triangle.by priceactiontds0
Bitcoin (734,000$)Baby shark, doo doo doo doo doo doo Baby shark, doo doo doo doo doo doo Baby shark, doo doo doo doo doo doo Baby shark! Mommy shark, doo doo doo doo doo doo Mommy shark, doo doo doo doo doo doo Mommy shark, doo doo doo doo doo doo Mommy shark! Daddy shark, doo doo doo doo doo doo Daddy shark, doo doo doo doo doo doo Daddy shark, doo doo doo doo doo doo Daddy shark! Grandma shark, doo doo doo doo doo doo Grandma shark, doo doo doo doo doo doo Grandma shark, doo doo doo doo doo doo Grandma shark! Grandpa shark, doo doo doo doo doo doo Grandpa shark, doo doo doo doo doo doo Grandpa shark, doo doo doo doo doo doo Grandpa shark! Let's go hunt, doo doo doo doo doo doo Let's go hunt, doo doo doo doo doo doo Let's go hunt, doo doo doo doo doo doo Let's go hunt! Run away, doo doo doo doo doo doo Run away, doo doo doo doo doo doo Run away, doo doo doo doo doo doo Run away! Safe at last, doo doo doo doo doo doo Safe at last, doo doo doo doo doo doo Safe at last, doo doo doo doo doo doo Safe at last! It's the end, doo doo doo doo doo doo It's the end, doo doo doo doo doo doo It's the end, doo doo doo doo doo doo It's the end! Longby TrojanBible0
Bitcoin Halving Cycle"History never repeats itself, but it does often rhyme." ~ Mark Twainby WinvestCapital0
Bitcoin ( 630,000.00$)September 2013 Bitcoin's performance in 2013 was marked by significant volatility and substantial growth. Here’s a detailed look at its performance throughout the year: 1. **Early 2013:** - At the start of the year, Bitcoin was priced around $13. 2. **April 2013:** - Bitcoin saw a rapid increase, reaching a peak of $266 in April. - This surge was followed by a sharp correction, with the price dropping to around $50. 3. **Mid-2013:** - After the correction in April, Bitcoin gradually recovered and stabilized over the following months. 4. **Late 2013:** - In November, Bitcoin experienced another significant surge, driven by increasing interest and media coverage. - It reached an all-time high of around $1,151 by December 2013. 5. **End of 2013:** - By the end of the year, Bitcoin's price had slightly declined but remained above $700. Overall, Bitcoin's price increased dramatically in 2013, starting from around $13 and peaking at over $1,150, reflecting a surge of more than 8,700% over the year. This period was characterized by heightened volatility, significant media attention, and growing interest from both individual investors and the broader public.Longby TrojanBible0
A few points that I often repeat to myself to sober myself upEveryone has noticed that after a profitable position, emotions of joy pass quickly than in a situation with a loss. Mostly we all know the instruments, we all use same tools, we can watch,read million sources about trading. So why less than 3% profitable on a distance? ⌛️Psychology A few points that I often repeat to myself to sober myself up - Your expectations, your problems! Just because it seemed to you that the price should have gone in your direction, does not mean that the market is against you! I understand that there will ALWAYS be losses! Therefore, I came to terms with this fact and simply treat trading as a job! If you open any other offline business, you will have costs and expenses, losses! It's the same story with trade! - I conducted a survey and see that the majority are trading from liquidation! I try to balance with 1% trades! Of course 0.5 is better. Plus you need to determine the amount of loss you can afford per day! It is best to stop at 2 unprofitable trades per day! Then you just want to win back again and again! - Pauses! You definitely need to take breaks! The number of trades absolutely does not determine success! Although I used to think that if I don’t trade today it means I’m not working! Not really, quality is more important than quantity. - Probably the most important thing is that victories or defeats in the market cannot and should not in any way affect my attitude towards life in general, my family, my health! It's just a job in which there is no limit to learning! --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Educationby Crypto4light3
THE NEW PEAKDISCRIPTION From 8-Nov-2021 to 4-Mar-2024 , bitcoin corrected the market structure in the shape of a semicircle after two months of trying to create a flag pattern , which indicated a rise technically the price is under upward pressure as long as trading continues at 65,521 to reach 71,203 and 73,736 by stabilizing at 71,203 will have a new peak other wise stabilizing below 65,521 will target the areas of 61,598 and 57,475 . pivot line: 65,521 resistance line: 71,203 _ 73,736 support line: 61,598 _ 57,475Longby ArinaKarayi114
Patience is PERTINENT right now. When Bitcoin (BTC) finally enters price discovery with conviction, it will trigger a BTC dominance capitulation and dramatic alt coin outperformance. Please study the visual and see for yourself. Longby ValerianK2
BTC (Bitcoin)BTC Primed for Upsurge Towards $100,000 Target Amidst Consistent Bullish Signals Bitcoin (BTC) is poised for a significant uptrend, targeting the monumental price level of $100,000. The cryptocurrency market leader has been exhibiting strong bullish momentum, supported by a confluence of fundamental and technical factors. Currently, BTC is consolidating within its recent price range, laying the foundation for its next leg up. Technical indicators, including moving averages and Fibonacci retracement levels, suggest that the asset is well-positioned for a sustained upward trajectory. The recent correction in BTC price, while inducing short-term volatility, has provided a healthy reset for the market, paving the way for renewed buying interest. The support levels established during this consolidation phase, coupled with robust demand, underscore the resilience of BTC's bullish trend. Furthermore, BTC's price action is bolstered by favorable macroeconomic conditions, including increased institutional adoption, growing mainstream acceptance, and inflationary concerns, which have led investors to seek alternative stores of value. Key technical levels, such as the 21-day, 34-day, and 90-day exponential moving averages, continue to serve as strong support zones, reinforcing the bullish bias. Additionally, the Fibonacci extension levels project a clear path towards the $100,000 target, with interim resistance levels likely to be overcome as BTC gains momentum. While the path to $100,000 is not without challenges, including potential regulatory hurdles and market volatility, the overall outlook for BTC remains overwhelmingly positive. Long-term investors are advised to capitalize on strategic entry points within the current consolidation phase, aligning their positions with the upward trajectory towards the target price. In conclusion, Bitcoin's imminent surge towards $100,000 is supported by robust technical indicators and favorable market fundamentals. Strategic positioning and risk management will be key in navigating the volatile cryptocurrency landscape, but the potential rewards for investors who seize this opportunity are substantial.Longby Zippymauld113
2 DOUBLE TOPS at a 1% risk reward ratio Sorry traders; I accidentally left my encryption on while submitting this idea about 4 hours ago while BTC was dropping therefore no one could see it. All I did was add it to a plain chart. Below idea comment was what was said while submitting idea. Why the drop, well let’s scalp. Most recent double top is set to a 1% drop, can go to 2%. Last double top is at a 1% drop and met its course. Why 69k, because recent idea called “ FOLLOW THE PATTERN WITH BANK ENTRYS” reads to reach 69K then tiny dip. May be more or less because halving has different volume. I’m also showing reversal pending. Blue horizontal lines has a KROLL ATR measurement reader.Shortby The_ForexX_MindsetUpdated 4
Bitcoin - The Marco MazeHistory doesn't necessarily have to repeat! I see a lot of history based derivation for the timelines and price as to when and how high or low bitcoin can sore. As exciting and adrenaline pumping as these ideas seem, the outcome will just be as good as any coin toss! The truth however is the "macro maze" above. I've taken sensible assumptions to derive on the timelines and humanly possibe price floors and ceilings! In this environment sensible assumptions can easily turn out to be the most major blunder, so as I always say, please do your own analysis! How to read the chart? It's quite simple, red is resistance or sell, green is support or buy. The intersections are where Bitcoin's price would likely be attracted to. There is no saying with precision when and where it would be. Kinda of like the Schrödinger's cat, you will only know when it happens. Anyone who says otherwise has a 50/50 chance of being right. Now, are you a trader or a gambler? Stay safe, peace out! Disclaimer: These are not trading signals. Trade at your own risk!by TulpenFieber0
Bitcoin ultra bullish weekly in tactBitcoin is consolidating around previous all time highs. It has been following the green uptrend since Jan. We broke out above that channel on Feb 28th. After a little fake-out the previous channel resistance became support. Around the same time we were breaking out to new all time highs. Now the top of the green uptrend channel and the previous all time high are converging and acting as a new support. Sure looks like a massive cup and handle pattern we just printed on the weekly and monthly charts. On the shorter timeframes, Bitcoin is really holding on to that $67,400 ish support region. Anyhoo... NFA... I've been outsmarted by some dogs and still tie my shoes using the bunny ears method. Longby BottomZen3